Thursday 9 October 2014

Indices down 1.86% to 1.92%.....

From best day of the year yesterday, today we are having the worst day of the year all in 48 hours. Concern for growth in world economy as Germany keeps reporting weak numbers almost daily.


S&P 500 @ 1931.20, low 1929.95 ( higher low which is a good thing) , high 1967.68


Internals are negative by minimum 5 to 1 .....bad technical picture


Oil Down $1.60, how low will it go ?


Gold UP $19.60


Canadian $ Down 63 tick @ 88.32


VIX UP 26.87% @ 19.17..getting close to 21.48 which is 52 wk high


In my portfolio :


Added 70% AKS @ $6.90


AKS EGO LULU MU NXPI SWIR


Exposure 198%


Most stocks are down


@ 2.25 following are green :


GTAT BABA WUBA RVBD DNKN AAPL GMCR



BLOG does NOT give buy or sell.


Saleem

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